network. Interestingly, unconnected equilibria are asymmetric and central players may emerge. Second, I show that non …

A fundamental question in social sciences is how trust emerges. We provide an answer which relies on the formation of … social and economic relationships. We argue that behind trust lies the fact that individuals invest in connections taking … that the individual's incentives depend on the architecture of the network as well as on the position of the individual …

welfare? We study these questions in a model where a monopoly sells a network good and may price discriminate using network … rich set of market products, including goods characterized by global and local network effects. We derive results on the … value of network information and determine under which conditions, relative to uniform price, consumer surplus increases. We …